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Monday, June 11, 2012

Obama’s early Chicago rise brought African-Americans foreclosures, bankruptcies | The Daily Caller

Obama’s early Chicago rise brought African-Americans foreclosures, bankruptcies | The Daily Caller


President Barack Obama wants his 2012 re-election campaign to focus on Gov. Mitt Romney’s private-sector record, but his own private-sector history shows that he promoted and profited from the nation’s disastrous real-estate bubble. One striking example comes from the president’s 1995 housing-discrimination class action lawsuit: It provided him with legal fees, greased his political donations and boosted his role in Chicago politics.
While he made personal gains, his lead African-American client, Selma Buycks-Roberson, declared bankruptcy in 2001 — and again in 2008 as she received a home foreclosure notice, according to unpublicized federal and city records obtained by The Daily Caller.


Read more: http://dailycaller.com/2012/06/11/obamas-early-chicago-rise-brought-african-americans-foreclosures-bankruptcies/#ixzz1xVSMo4PC

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